Oyster
Founded Year
2020Stage
Series D - II | AliveTotal Raised
$288.2MLast Raised
$5M | 4 mos agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+42 points in the past 30 days
About Oyster
Oyster is an employment platform that specializes in enabling companies to hire, pay, and manage international workers. The company offers services such as employer of record, global payroll, and compliance solutions to facilitate the management of a global workforce. Oyster's platform also provides tools for hiring and paying contractors, automating hiring workflows, and offering benefits packages to employees. It was founded in 2020 and is based in Charlotte, North Carolina.
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ESPs containing Oyster
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The global workforce management market addresses the challenges of hiring and managing employees across countries. These software vendors help companies find, pay, and manage talent across borders, while ensuring compliance with local laws and regulations. This market offers a range of solutions, including talent sourcing, global payroll, employer of record services, and HR management. Demand for …
Oyster named as Leader among 15 other companies, including Deel, Workday, and Remote.
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Research containing Oyster
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Oyster in 6 CB Insights research briefs, most recently on Aug 10, 2023.
Nov 7, 2022
The Transcript from Yardstiq: See ya, ADP
Nov 7, 2022 report
Top global employment & payroll companies — and why customers chose them
Expert Collections containing Oyster
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Oyster is included in 4 Expert Collections, including HR Tech.
HR Tech
5,910 items
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Unicorns- Billion Dollar Startups
1,258 items
Fintech
9,394 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Fintech 100
249 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Oyster Patents
Oyster has filed 25 patents.
The 3 most popular patent topics include:
- stimulants
- nicotinic agonists
- nicotinic antagonists
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
1/15/2021 | 9/24/2024 | Toilets, Cluster bombs, Public toilets, CubeSats, Hygiene | Grant |
Application Date | 1/15/2021 |
|---|---|
Grant Date | 9/24/2024 |
Title | |
Related Topics | Toilets, Cluster bombs, Public toilets, CubeSats, Hygiene |
Status | Grant |
Latest Oyster News
Nov 12, 2024
Quick Take Oyster makes cross-border hiring simpler, more compliant, and accessible for businesses of all sizes. Oyster , the dedicated global employment platform helping companies hire, pay, and support remote teams worldwide, has raised an additional $5 million investment from ServiceNow Ventures. An extension of Oyster’s recent Series D round, total funding rose to $291 million. ServiceNow joins Indeed, LinkedIn, Okta, PayPal Ventures, Salesforce Ventures, and Slack Fund. “For enterprises looking to expand efficiently and compliantly across borders, they need a trusted partner that simplifies the complexities of global hiring," commented Victor Chang, vice president of ServiceNow Ventures, on the startup's specialized approach. By focusing exclusively on global employment needs, Oyster avoids spreading its resources across multiple HR segments, instead directing its full attention to solving these critical cross-border complexities. Through Oyster’s platform, companies access essential tools to create a sustainable, people-centric hiring strategy, while specialized customer support ensures that compliance and regulatory needs are met across diverse regions. “Global employment is the future, and we’re grateful to ServiceNow for sharing in our belief that compliant, equitable employment practices can be the standard worldwide,” said Tony Jamous, co-founder and CEO of Oyster. The startup offers flexible pricing. For contractors, pricing starts at $29 per contractor per month after a 30-day free trial, providing support for compliant contracts in over 180 countries and payments in over 140 currencies. Global payroll options begin at $25 per employee per month, allowing companies to manage payroll across multiple countries with payslip generation and HR integration. The Employer of Record service, designed for full-time employees, starts at $699 (monthly plan), enabling compliant hiring in +130 countries with fast onboarding and IP protection. For larger teams with five or more full-timers, the Scale plan offers custom pricing with benefits like discounted rates, reusable seats, and dedicated support. Optional add-ons are available, including benefits packages, salary insights, visa sponsorship, and misclassification risk protection, to enhance global compliance and employee support.
Oyster Frequently Asked Questions (FAQ)
When was Oyster founded?
Oyster was founded in 2020.
Where is Oyster's headquarters?
Oyster's headquarters is located at 307 West Tremont Avenue, Charlotte.
What is Oyster's latest funding round?
Oyster's latest funding round is Series D - II.
How much did Oyster raise?
Oyster raised a total of $288.2M.
Who are the investors of Oyster?
Investors of Oyster include ServiceNow Ventures, Emergence Capital, Stripes Group, Georgian, Endeavor and 17 more.
Who are Oyster's competitors?
Competitors of Oyster include Skuad, FlexJobs, Justworks, Velocity Global, Gusto and 7 more.
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Compare Oyster to Competitors
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Darwinbox specializes in human capital management and offers a suite of cloud-based HR solutions. Its platform leverages artificial intelligence and machine learning to automate day-to-day HR processes, provide actionable insights, and enhance employee experiences across various industries. Darwinbox's comprehensive offerings include workforce management, talent acquisition, payroll compliance, performance management, and employee engagement tools. It was founded in 2015 and is based in Hyderabad, India.
Remote is a global HR platform that specializes in providing comprehensive human resource solutions for distributed teams. The company offers services such as employer of record, contractor management, payroll processing, and HR management to facilitate the hiring, management, and payment of global teams. Remote also provides tools for talent acquisition and HR data consolidation, with a focus on ensuring global compliance and seamless integration with other systems. It was founded in 2019 and is based in Amsterdam, Netherlands.
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